Macy’s tries to convince Wall Street America still needs department stores

Macy’s tries to convince Wall Street America still needs department stores

Bruce Leighty | Photolibrary | Getty Images

Macy’s is making the case to investors that it is still “America’s department store.”

As the embattled retailer aims to get back to profitability and sales growth, it is meeting with investors Wednesday in New York to rally support for its turnaround plans. Among the key points it is making are that shoppers still go to malls, and that a…

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